1,120,893 Shares in Fidelity Enhanced International ETF $FENI Purchased by Financial Strategies Group Inc.

Financial Strategies Group Inc. acquired a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 1,120,893 shares of the company’s stock, valued at approximately $39,960,000. Fidelity Enhanced International ETF makes up 7.6% of Financial Strategies Group Inc.’s holdings, making the stock its 3rd largest position. Financial Strategies Group Inc. owned 0.83% of Fidelity Enhanced International ETF at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Mutual Advisors LLC boosted its stake in shares of Fidelity Enhanced International ETF by 40.5% in the third quarter. Mutual Advisors LLC now owns 47,609 shares of the company’s stock worth $1,689,000 after acquiring an additional 13,720 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in Fidelity Enhanced International ETF in the 3rd quarter valued at $465,000. Cornerstone Wealth Management LLC boosted its stake in Fidelity Enhanced International ETF by 38.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 9,053 shares of the company’s stock worth $319,000 after purchasing an additional 2,501 shares during the last quarter. Advantage Trust Co boosted its stake in Fidelity Enhanced International ETF by 5.7% during the 3rd quarter. Advantage Trust Co now owns 360,618 shares of the company’s stock worth $12,723,000 after purchasing an additional 19,426 shares during the last quarter. Finally, Hicks Capital Management LLC purchased a new stake in shares of Fidelity Enhanced International ETF during the third quarter worth $8,581,000.

Fidelity Enhanced International ETF Stock Down 0.8%

Shares of NYSEARCA FENI opened at $38.80 on Friday. The firm has a 50-day simple moving average of $37.00 and a 200-day simple moving average of $35.53. The stock has a market capitalization of $7.06 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50. Fidelity Enhanced International ETF has a 52 week low of $26.21 and a 52 week high of $39.29.

Fidelity Enhanced International ETF Profile

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.